Chpter, a promising fintech startup based in Kenya, has announced the successful close of its pre-seed funding round. The round was led by LoftyInc Capital Management, with participation from Voltron Capital, Tahseen Consulting, and several angel investors. The funds will be instrumental in helping Chpter expand its innovative financial services and reach underserved populations across Kenya and beyond.
Founded by Daniel Achieng and Rachel Kimani, Chpter aims to redefine financial access by providing micro-savings and investment products tailored to the needs of low-income individuals and small businesses. Through its mobile platform, Chpter enables users to save in small amounts, invest in diversified portfolios, and access financial advice, all with the goal of building long-term financial security.
With the fresh capital, Chpter plans to accelerate product development, enhance its tech platform, and scale its customer base across Kenya. The startup also intends to strengthen its partnerships with financial institutions and local communities to deepen its impact and drive financial literacy.
The pre-seed funding marks a critical milestone for Chpter as it embarks on its journey to tackle financial exclusion in Kenya. By offering a simple, user-friendly platform, Chpter seeks to empower individuals who are often overlooked by traditional financial services, providing them with the tools to manage their money effectively and achieve their financial goals.
Chpter’s founders expressed excitement about the investment, noting that the support from LoftyInc Capital and other investors validates their mission to make financial services more inclusive. As Chpter continues to grow, it remains committed to its vision of transforming how people save, invest, and manage their finances in emerging markets.
Stay tuned to FounderRaise for more updates on Chpter and other fintech startups driving innovation and financial inclusion in Africa.
